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Housing recovery slows in September: REINZ

Posted on 12 October 2011

New Zealand’s housing market recovery slowed last month, with a smaller-than-expected lift in new spring sales. The number of house sales rose to 5,235 in September, up 21 per cent from the same month a year ago, but just 43 higher than in August, according to the Real Estate Institute.
On a seasonally adjusted basis, that’s down 2.3 per cent. The national median house price fell $5,000 to $350,000 in September……………………………………….Full Article: Source


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